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Aftermath Silver Outlines Drill Plan for Challacollo Silver-Gold Project, Chile
Newsfile·2025-09-23 12:30

Core Viewpoint - Aftermath Silver Ltd. is initiating a drilling program at the Challacollo Ag-Au project in northern Chile, aiming to expand its silver resource and enhance its exploration portfolio [1][3]. Planned Drilling - The company plans to conduct an initial 7 to 10-hole diamond core drilling program in Q4 2025, totaling up to 2,000 meters [2]. - The main objectives include expanding the existing resource by extending known veins, testing previously untested veins, and obtaining supplementary geological and metallurgical information [3]. Project Overview - The Challacollo project is located in Region I, northern Chile, approximately 130 km southeast of Iquique and 50 km south of Pica, with access via Teck Resources' Quebrada Blanca Copper Mine road [4]. - The project includes water rights and is serviced by high voltage power transmission lines located 15-30 km away [4]. Mineral Resource Estimate - The mineral resource estimate for the Challacollo project includes: - Total of 6,640 Kt with 165 g/t silver and 0.27 g/t gold, equating to 35,150 Koz silver and 58 Koz gold in the indicated category [5]. - Inferred resources total 2,803 Kt with 124 g/t silver and 0.17 g/t gold, equating to 11,144 Koz silver and 15 Koz gold [5]. Exploration Targets - Specific drilling targets include: - Lolón North: targeting the main vein at a vertical depth of 60 meters [6]. - Lucy North: targeting silver-bearing veins west of the main vein [6]. - Palermo North: targeting a replacement breccia with significant silver values [6]. - Millsite vein: testing for a structurally downthrown vein offset to the east of Lolón [6]. Company Background - Aftermath Silver Ltd. is a Canadian junior exploration company focused on silver and critical metals, aiming to deliver shareholder value through the discovery and development of quality mineral projects [8][11]. - The company also holds a 100% interest in the Berenguela Silver-Copper-Manganese Project in Peru, which is currently undergoing engineering studies [9][10].